MarkWest Energy Partners Cuts 2015 Capex, Expects to Benefit from Lower Project Costs

SUGAR LAND--February 26, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Natural gas processing, fractionation and transportation company MarkWest Energy Partners LP (NYSE:MWE) (Denver Colorado) joined the growing ranks of energy production-related companies that have announced significant reductions in capital expenditures (capex) this year to reflect market realities. However, company executives said they expect to benefit from lower construction contract and labor costs. MarkWest operates in the Marcellus and Utica shales, as well as the U.S. Southwest. Industrial Info is tracking 31 MarkWest projects worth $1.51 billion.

Within this article: Fourth-quarter earnings results and 2015 capital expenditures forecast for MarkWest.

Additional companies: Exterran Partners LP (NASDAQ:EXLP), Enterprise Products Partners L.P. (NYSE:EPD), Anadarko Petroleum Corporation (NYSE:APC), DCP Midstream Partners, LP (NYSE:DPM)